NEWS

‧	Proposal to allow employees to stay on in event of corporate ownership change
	2010-02-23
	It is proposed by the labor authority (Council of Labor Afffairs) that it will be a default rule for the employment contracts to survive material corporate restructuring such as business combination (...

‧	Offices closed from February 13 to 21 (inclusive) for Chinese New Year
	2010-02-12

‧	Proposed (Anti) thin-capitalization tax rule
	2009-12-31
	On November 19, the government proposed a thin capitalization rule to be enacted in 2010 that an interest expense due to a loan granted by a related party will no longer be recognizable as such if a c...

‧	Income to foreign company for offshore services will not be considered Taiwan source
	2009-10-16
	The Ministry of Finance (MOF) has issued detailed rules to interpret what constitutes Taiwan source income for various types of income under the Income Tax Act. One of the rules makes clear that the i...